Sales increase 9.4 percent compared to last year and 1.3 percent over the previous month
WASHINGTON—Oct. 3, 2014—The Semiconductor Industry Association (SIA), representing U.S. leadership in semiconductor manufacturing and design, today announced that worldwide sales of semiconductors reached $28.4 billion for the month of August 2014, an increase of 9.4 percent from the August 2013 total of $26 billion and an uptick of 1.3 percent over the July 2014 total of $28.1 billion. Year-to-date sales through August are 10.1 percent higher than they were at the same point in 2013. All monthly sales numbers are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average.
“The global semiconductor market continued to demonstrate broad and sustained strength in August, and sales remain well ahead of last year’s pace,” said Brian Toohey, president and CEO, Semiconductor Industry Association. “Demand is strong across nearly all semiconductor product categories, and the industry has now posted sequential monthly growth for six consecutive months, thanks in part to continued strength in the Americas market.”
Toohey also noted that continued U.S. semiconductor industry strength bodes well for the overall U.S. economy. He cited an SIA whitepaper released this week that found that the U.S. semiconductor industry is one of the top contributors to U.S. economic growth of any domestic manufacturing industry. To learn more, read the SIA whitepaper here.
Regionally, year-to-year sales increased in Asia Pacific (12.3 percent), Europe (10.9 percent), and the Americas (7 percent), but decreased slightly in Japan (-1.7 percent). Sales were up compared to the previous month in the Americas (2.3 percent) and Asia Pacific (1.7 percent), held flat in Japan, and decreased slightly in Europe (-1.3 percent). Sales increased across all regions for the three-month period from June to August compared to the previous three-month period from March to May.
To find out how to purchase the WSTS Subscription Package, which includes comprehensive monthly semiconductor sales data and detailed WSTS Forecasts, please visit http://www.semiconductors.org/industry_statistics/wsts_subscription_package/.
The Semiconductor Industry Association (SIA) is the voice of the U.S. semiconductor industry, one of America's top export industries and a key driver of America’s economic strength, national security and global competitiveness. Semiconductors – microchips that control all modern electronics – enable the systems and products that we use to work, communicate, travel, entertain, harness energy, treat illness, and make new scientific discoveries. The semiconductor industry directly employs nearly a quarter of a million people in the United States. In 2013, U.S. semiconductor company sales totaled $155 billion, and semiconductors make the global trillion dollar electronics industry possible. Founded in 1977 by five microelectronics pioneers, SIA unites companies that account for 80 percent of America’s semiconductor production. Through this coalition, SIA seeks to strengthen U.S. leadership of semiconductor design and manufacturing by working with Congress, the Administration and other key industry stakeholders to encourage policies and regulations that fuel innovation, propel business and drive international competition. Learn more at www.semiconductors.org.
World Semiconductor Trade Statistics (WSTS) is an independent non-profit organization representing the vast majority of the world semiconductor industry. The mission of WSTS is to be the respected source of semiconductor market data and forecasts. Founded in 1986, WSTS is the singular source for monthly industry shipment statistics.